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. mario monti says german chancellor angela merkel doesn't want italy's center left party to win the elections this weekend. the outgoing prime minister said merkel feared a consolidation of parties from the left, especially in an election year for her. the german leader has so far refrained from commenting on the election. what does all of this mean? julia joins us now from milan. julia, i have to confess, i don't really understand what monti's point is here. >> well, you know, we have to give it a bit of context, kelly. this was in response to something berlusconi said about the possibility that mario monti had already signed an agreement with the democratic left party, the democracy party mr. bersani with the agreement with angela merkel. i don't think mario monti has hidden the fact that he's concerned about the influence, particularly the power of the union on the democratic party. if we look on the german side, the foreign minister said what they want ultimately is a party that's going to continue with the reforms, that's going to continue with the fiscal consolidation. i'm
, feburary 14th. i'm angela miles. in today's first look: up or down? stocks and commodities traded with mininal gains and losses yesterday. investors are holding back as they wonder whether a large sell-off or big rally lies ahead. cisco sees the light. the company topped its earnings targets after the close. cisco ceo john chambers notes that 2013 is off to a slow start but sees early signs of improvement in europe. and democrats are working on a new bill that could replace the $85 billion in automatic spending cuts that take effect march 1st if there is no deal. time now for a look at what traders have to say about the day. joe cusik joins us for that. he is from options express. good morning joe. we had earnings after the close coming in from cisco. what is your first thought? > > you know what, cisco came in, they did what they expected. the thing is that they diversified their revenues from the switching and routing, and now they are looking at that i.t. infrastructure. so, that actually could bring revenues a little bit more rapidly, even though there was a drop-off. obviousl
. as for the picture over in europe, some comments from germans chancellor angela merkel about the euro saying between 130 and 140 for the u.s. dollar is normal. those are the comments being focused on this morning. a mixed bag in terms of europe and take a look at the picture in asia. the nikkei, the one to focus on, closing at a 4 1/2-year high in yesterday's session. >> fresh five-years for the s&p and dow, fresh 12 years for the nasdaq, helped in part by a renewed appetite for deal making. >> cracks in the housing picture this morning, january starts to decline 8 1/2%. toll brother earnings sharply miss earnings. >> could demand for the iphone be cooling? fox con pressuring shares this morning. >>> the rally continuing with the dow and s&p having their best day in two weeks. nasdaq closing at 12-year highs. dow less than 130 points from closing at an all-time high. guys, a lot of discussion about how it's a nominal high. but getting back to 14164 would be news. in some form or fashion, jim. >> i think that there is a level of, dare i say, excitement. in other words, we're seeing levels that we hav
on the american embassy. vice president biden is in europe. he met angela merkel today. he now heads to a major security conference by chance in munich with dozens of heads of state and 70 defense and foreign ministers. that will be key. the situation in turkey as it is with iran, may upgrade nuclear facilities and he'll also meet syrian opposition leaders. a lot going on in terms of defense and politics. let me mention one more to you. today it was announced gili is taking over that manufacturing base for just $17 million. carl, it's what they call the third wave of globalization where former emerging or developing economies -- india and china -- now come back into the main stream, into western europe or america and buy those branded assets. in particular of course land rover bought by the indians. back to you. >> all i know is great leg room. you got a lot of leg room in those. >> more expensive i'm afraid. >> good weekend, simon. >> you too. >> let's check on energy and commodities. sharon epperson has a lot of news today. >> there is a lot of news. there's a lot of correlation too between w
to do next sthp. >> angela lansberry's "murder she wrote." lisp, if the outcome was different, the conversation would have been much different today. but the game basically looked like a route. joe flacco had three first half touchdowns. they were up, 28-6 after the kickoff return to begin the second half. and then the lights went out. now, i just -- i don't know if we have the element or not. we have a full screen of what entergy, we'll take a look at some of the highlights first. i'm not sure. we're a little late on that. but the lights go out. the way the company is explaining it is that the power was going into the superdome, and this is a statement here. a piece of equipment that is designed to monitor electrical load, okay, sensed an abnormality and the circuit breaker kicked in and that's what happened. it took 34 minutes to get the game back up and running and then, when it did, it was a different game. >> yeah. >> this is really -- i mean, i know the statements there -- do you have any idea, like, whose fault it was at this point? >> i think clearly entergy says it's
in italy said he was shaken by the news, while the chancellor angela merkel said she respects his decision. and david cameron sending his wishes. it comes in a meeting this morning, he announced this decision to leave the papacy at the 28th of february at 8:00 at night. it was a decision made without consulting anyone. there was a lot of surprise. and also, the spokesman, when he made a speech -- or when he had a press conference just a few hours later, he said, you know, we need some time, we need some days to try to better understand how to move forward. just to better understand what's going to happen afterwards, is that there will be a conclave of 118 cardinals that will be electing the new pope. so clearly what happens between now and then, really, is that the pope will continue doing what he has done so far. his decision was unexpected. and the way he announced it was very, very simple. he said he doesn't feel he has the strength, mental and physical and spiritual, to move forward in this position. he needs the physical strength that he does not have. he has been ill. his health has
Search Results 0 to 5 of about 6